Quiet Cove Foundation
Public foundation · Vancouver, British Columbia · BN 723600698RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($17,048) as filed with the CRA.
Quiet Cove Foundation is a public foundation based in Vancouver, British Columbia, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $20K in revenue and $17K in expenditures.
Its funding that year was roughly 100% from donations.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 25% of peers. Its highest-paid position fell in the $40,000–79,999 range. The charity reported 1 permanent full-time position.
As a grantmaker, it reported gifts to 1 qualified donee totalling $13K in 2024, the largest being $13K to Classroom Champions. Revenue has declined over its filings on record here, from $71K in 2020 to $20K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
The purpose of the foundation is to receive and maintain a fund or funds and to apply all or part of the principal and income therefrom from time to time to qualified donees as defined in subsection 149.1(1) of the income tax act (canada).
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $20K | $17K | — | — | $13K | $123K |
| 2023 | $75K | $651K | — | — | $643K | $120K |
| 2022 | $30K | $896K | — | — | $819K | $696K |
| 2021 | — | $362K | — | — | $280K | $1.6M |
| 2020 | $71K | $566K | — | — | $532K | $1.6M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $13K to 1 qualified donee:
- Classroom Champions$13K
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $40,000–79,9991 position
- Permanent full-time positions1
- Total compensation, all staff$65K
Schedule 3 of its 2022 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Lucas Cahill (vice president); Brian O'Neill; Brian Paes-Braga (president).
As listed on its 2024 return.
Check the source
Every figure on this page is from Quiet Cove Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 723600698RR0001), or read how we compute the receipt.